Green energy to create 20 million jobs

Energy Matters0

Speedy creation of the jobs will depend on countries implementing and broadening policies including capping emissions of greenhouse gases, and the shifting of subsidies from the oil and natural gas sector, to new energy including wind, solar and geothermal power, it said.

“If we do not transform to a low-carbon economy we will miss a major opportunity for the fast tracking of millions of new jobs,” Achim Steiner, UNEP director, told reporters.

He said movement toward the jobs will occur even if the world does not come to a new agreement by the end of next year on stabilising and then cutting greenhouse gases because global population is headed toward 8 billion or 9 billion by 2050, while new resources like metals, oil and gas are becoming more expensive to find.

But if the world waits 10 years to take serious action on greenhouse gases the costs for moving to a green economy will be much higher, he said.

US President George W. Bush walked away from the UN’s carbon-capping Kyoto Protocol early in his first term, saying it would raise costs and unfairly exempt rapidly developing countries from emissions limits.

Delegates from across the world will try to reach a successor agreement to the Kyoto pact in a UN meeting in Copenhagen late next year.

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